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Quarterly Financial Data (Unaudited)
12 Months Ended
Dec. 31, 2015
Quarterly Financial Data [Abstract]  
Quarterly Financial Data (Unaudited)
Quarterly Financial Data (Unaudited)
 
2015 Quarters
(in millions, except per share data)
1st

 
2nd

 
3rd

 
4th

Net revenues
$
5,804

 
$
6,613

 
$
6,699

 
$
6,318

Gross profit
$
2,475

 
$
2,871

 
$
3,046

 
$
2,722

Net earnings
$
1,018

 
$
1,449

 
$
1,528

 
$
1,248

Net earnings attributable to Altria Group, Inc.
$
1,018

 
$
1,448

 
$
1,528

 
$
1,247

Per share data:

 

 

 

Basic and diluted EPS attributable to Altria Group, Inc.
$
0.52

 
$
0.74

 
$
0.78

 
$
0.64

 
 
 
 
 
 
 
 
 
2014 Quarters
(in millions, except per share data)
1st

 
2nd

 
3rd

 
4th

Net revenues
$
5,517

 
$
6,256

 
$
6,491

 
$
6,258

Gross profit
$
2,256

 
$
2,603

 
$
2,674

 
$
2,627

Net earnings
$
1,175

 
$
1,262

 
$
1,397

 
$
1,236

Net earnings attributable to Altria Group, Inc.
$
1,175

 
$
1,262

 
$
1,397

 
$
1,236

Per share data:

 

 

 

Basic and diluted EPS attributable to Altria Group, Inc.
$
0.59

 
$
0.64

 
$
0.71

 
$
0.63


During 2015 and 2014, the following pre-tax charges or (gains) were included in net earnings attributable to Altria Group, Inc.:
 
2015 Quarters
(in millions)
1st

 
2nd

 
3rd

 
4th

NPM Adjustment Items
$

 
$

 
$
(126
)
 
$
42

Tobacco and health litigation items, including accrued interest
43

 
5

 
67

 
35

Asset impairment, exit and integration costs

 
7

 
1

 
3

Loss on early extinguishment of debt
228

 

 

 

Other income, net

 

 

 
(5
)
SABMiller special items
86

 
2

 
8

 
30

 
$
357

 
$
14

 
$
(50
)

$
105

 
 
 
 
 
 
 
 
 
2014 Quarters
(in millions)
1st

 
2nd

 
3rd

 
4th

NPM Adjustment Items
$
(64
)
 
$
(26
)
 
$

 
$

Tobacco and health litigation items, including accrued interest
4

 
31

 
4

 
5

Asset impairment, exit, integration and acquisition-related costs
2

 
(1
)
 
15

 
5

Loss on early extinguishment of debt

 

 

 
44

SABMiller special items
9

 
23

 
(42
)
 
35

 
$
(49
)
 
$
27

 
$
(23
)
 
$
89


As discussed in Note 14. Income Taxes, Altria Group, Inc. has recognized income tax benefits and charges in the consolidated statements of earnings during 2015 and 2014 as a result of various tax events.